The surprise popularity of Netflix’s “Squid Game” — a horror series that offers a critique of capitalism — is creating a raft of hot new Halloween outfits. But people who hope to find costumes before October 31 may learn another lesson in capitalism: You may have to pay extra to …
Read More »NLRB memo says college athletes are employees — not “student athletes”— and deserve benefits, pay
College athletes who make millions for their schools moved one step closer to gaining the rights afforded private sector workers when the top lawyer for the National Labor Relations Board said in a memo they should be treated as employees of the school. The memo issued on Wednesday by NLRB …
Read More »How a middle
The Roth IRA was designed more than two decades ago as a way for middle-class workers to set aside money for retirement. People earning less than $95,000 at the time could sock money away, then let it grow tax-free until they retired, when they could make withdrawals without owing taxes. …
Read More »Fed ready to start reeling in emergency stimulus measures as economy heals
Washington — The Federal Reserve signaled Wednesday that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago and a sign that it’s concerned that high inflation pressures may persist. In its latest policy statement, the Fed also said it will likely …
Read More »How Joe Biden’s order on noncompetes could make it easier to quit your job
Joe Biden has sent a clear message to businesses: Make it easier for workers to quit — or the government will do it for you. The president’s July 9 executive order takes aim at an increasingly common and oft-criticized feature of the labor market: noncompete agreements. Under these restrictive agreements, …
Read More »Nike gets restraining order against Lil Nas X’s “Satan Shoes,” blocking all sales
Nike is waging an all-out war with the devil. The apparel company has successfully blocked the sale of Lil Nas X’s “Satan Shoes” — at least for now. On Wednesday, a U.S. District Court in New York approved Nike’s request for a temporary restraining order against MSCHF, the art collective …
Read More »Barnes and Noble: Black history month diverse covers of classics suspended
Following a backlash, Barnes & Noble said it’s suspending a diversity effort to reissue 12 classic books with new covers depicting main characters as black. Critics called the new editions a form of “literary blackface” given that the books — such as “Moby Dick” and “Peter Pan” — aren’t about …
Read More »